PHILADELPHIA, Miss. - Citizens Bank of Philadelphia, a unit of Citizens Holding Co., said it has agreed to buy two Forest and Decatur County branches of Union Planters Bank of Memphis for an undisclosed sum.

The deal is to close in the second quarter.

The branches would add $32 million of assets to $381 million-asset Citizens Bank, which has 14 branches in east-central Mississippi.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.